San Francisco, 23 January 2019: The Report Milking Robots Market Size, Share & Trends Analysis Report By Type of System
(Single-stall, Multi-stall, Rotary System), By Herd Size (Up to 100, Between
100-1,000, Above 1,000), And Segment Forecasts, 2018 - 2025
The global milking robotics market size is anticipated to reach USD 2.61 billion by 2025,
according to a new report by Grand View Research, Inc., registering a CAGR of
11.8% during the forecast period. Growing demand for milk and milk products,
need for automation, and high labor costs are anticipated to drive the market.
The milk production industry has witnessed
an increase in herd size and demand for milk in the past few years. A prominent
factor driving market growth is high labor costs. Robotics and automation
technology has increased production capacities and operational efficiencies of
milk producers. Furthermore, it is encouraging milk producers to adopt automation
systems. Primary applications of milking robot systems include collecting and
routing animals, cleaning teats, and milking operations.
The multi-stall unit segment is expected to
witness the highest growth rate over the forecast years. Increase in herd size
has elevated the adoption of automation and robotic systems in the dairy
farming industry. Advantages bestowed by the technology include higher
efficiency in milk production, elimination of labor, increased milking
efficiencies and frequency, and consistent quality.
The key market participants in the milking
robots market include DeLaval, Inc.; BouMatic;GEA Group AG; Fullwood Ltd.;
and Lely Holding S.A.R.L. Vendors are expected to witness a rise in demand for
robotic solutions over the forecast years, owing to increasing technological
advancements.
Access Research Report of Milking Robots
Market @ www.grandviewresearch.com/industry-analysis/milking-robots-market
Further key findings from the study suggest:
· The multi-stall segment is presumed to be
the fastest-growing segment with a CAGR of around 13.0% over the forecast
period
· The above 1,000 herd segment will
contribute significantly to market growth, owing to benefits such as increased
performance and efficiency provided by systems used for this herd size
· Asia Pacific is expected to be the
fastest-growing regional market, owing to increased demand for milk and milk
products and growing herd sizes in India and China
· Major players in the market include
DeLaval, Inc.; BouMatic; GEA Group AG; Fullwood Ltd.; and Lely Holding
S.A.R.L.
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/technology
Grand View Research has segmented the
global milking robots market based on type of robotic system, herd size, and
region:
Milking Robotics Type of Robot System Outlook
(Revenue, USD Million, 2014 - 2025)
·
Single-Stall Unit
·
Multi-Stall Unit
·
Rotary System
Milking Robotics Herd Size Outlook
(Revenue, USD Million, 2014 - 2025)
·
Up to 100
·
Between 100-1,000
·
Above 1,000
Milking Robotics Regional Outlook (Revenue,
USD Million, 2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Rest of the World
Access Press Release of
Milking Robots Market@ www.grandviewresearch.com/press-release/global-milking-robots-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
